Corporate Services segment

The Corporate Services segment comprises holding companies and other service companies that provide services such as IT and logistics across all segments.

Revenue and earnings

The segment’s total revenue, which mainly resulted from internal IT and logistics services, came to €76.0 million (Q1 2017: €64.1 million). Adjusted EBIT for the segment amounted to minus €13.0 million. The equivalent figure for the prior-year quarter, which was well into positive territory at €164.9 million, included intra-group dividend income of €175.7 million; like-for-like adjusted EBIT thus amounted to minus €10.8 million. Adjusted EBITDA stood at minus €6.2 million (Q1 2017: €171.5 million or minus €4.3 million on a like-for-like basis). > TABLE 09

Key figures – Corporate Services

09

in € million

Q1 2018

Q1 2017*

Change

*

Key figures for 2017 were restated due to the initial application of IFRS 15 and IFRS 16